Property profile

810 Park Ave Lake Park, FL 33403

FOR SALE
Strip malls
Property ID
US18-3637430
8,931 SF 0.57 ac lot Built 1967
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

A retail storefront property located in Lake Park’s Downtown District, intended for retail use and positioned near free public parking. The provided information does not specify the number of units, suite or interior layout, or the nature of interior improvements/condition, so those characteristics are not established from the source text. Public remarks indicate the possibility of Community Redevelopment Area (CRA) funding related to business relocation for qualified tenants or buyers; however, the details, eligibility requirements, and funding structure are not provided.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1967
Construction CONCRETE
Total area 8,931 SF
Lot 0.57 ac (24,999 SF)
Zoning code PADD
APN 36-43-42-20-01-006-0030
UPID US18-3637430

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • (Bike/Boat/Book/etc) Store

Location

810 Park Ave Lake Park, FL 33403
Lake Park metro Census 1101 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2023
Last sale
$220,000
4 recorded transactions
2023
$40,000
2023
$220,000
2023
$80,000
2023
Price N/A

Zoning & alternative use

PADD · Lake Park, FL
Zoning description

It is the purpose and intent of the Park Avenue Downtown District to provide urban development which is reflective of early master plans for a small scale traditional downtown commercial area, buildings and structures th…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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